IIT Madras is set to host a sports tech startup conclave in Delhi on July 12-13, 2024. This event aims to bolster the sports technology ecosystem in India by providing a platform for startups to showcase their products, network with industry leaders, and collaborate with public and private stakeholders.
Key Highlights
Event Details:
- Dates: July 12-13, 2024
- Location: Delhi
- Purpose: Strengthen the sports ecosystem in India by promoting technology for sports goods manufacturing and services.
Initiatives:
- Launch of programs aligned with the Union Government’s vision for sports development.
- Focus on indigenization of sports products and services.
- Partnership with IITM Research Park and IITM Incubation Cell.
Support for Startups:
- Ten sports tech startups will receive support from IIT Madras’ Center of Excellence in Sports Science and Analytics (CESSA).
- An investment of Rs 5 crore from IIT Madras Pravartak Technologies.
- Incubation support for startups with novel ideas.
Event Features:
- Showcases from leading sports tech startups.
- Networking sessions with investors, industry leaders, and policymakers.
- Panel discussions on the future of sports technology.
Long-term Goals:
- Incubate at least 200 sports technology startups in the next five years.
- Enable networking and collaboration opportunities between public and private players.
- Provide access to quality sports education for various stakeholders, including PE teachers, coaches, referees, analysts, managers, and players.
Digital Learning Initiatives:
- Plans to operationalize a digital university for sports industry-focused courses.
- Upskilling opportunities for various players in the sports value chain.
Significance for Startups
The conclave is an excellent opportunity for sports tech startups to gain visibility, secure investments, and build partnerships. By participating, startups can leverage IIT Madras’ resources and expertise to accelerate their growth and contribute to the sports technology landscape in India.
IIT Madras has a strong track record of fostering innovation and entrepreneurship. The sports tech conclave aligns with their broader mission to support tech-driven solutions that address real-world problems. The event will also feature product demonstrations, startup pitches, and discussions on emerging trends in sports technology, making it a comprehensive platform for all stakeholders in the sports ecosystem.
IIT Madras’ sports tech startup conclave is poised to be a significant event for the sports technology sector in India. By fostering innovation and collaboration, the conclave aims to transform the sports ecosystem, supporting startups in their journey to achieve global recognition.
